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Xtract One Technologies Inc. T.XTRA

Alternate Symbol(s):  T.XTRA.WT | XTRAF

Xtract One Technologies Inc. is a technology-driven threat detection and security solution company leveraging artificial intelligence (AI) to provide secure patron access control experiences. The Company is engaged in the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution. It operates in two segments: Platform and Xtract segment. The Platform segment develops and commercializes an AI-powered threat detection gateway solution. The Xtract segment develops AI solutions for customers. Xtract One’s Gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic. Its AI-based Video Recognition Software allows venue and building operators to identify weapons and other threats inside and outside of facilities and receive valuable intelligence for optimizing operations. It serves various industries, including arenas and stadiums, ticket venues and attractions, and casinos.


TSX:XTRA - Post by User

Comment by JVJ24601on Nov 23, 2022 8:28pm
155 Views
Post# 35123731

RE:RE:RE:Congrats on stadium & NJ schools...need volumes more..

RE:RE:RE:Congrats on stadium & NJ schools...need volumes more..

@Ted....  lol.  We'll see.  December 15 is 15 business days, 15 market open days away.  Cash in bank looking to be under $4.5m....  quarterly burnrate over $3m, revenue under $1m. How does this work out for cash in bank, for shareholders??.  


Holiday sales will be crippling this season.  Twitter, Amazon, now Google cutting 1000's of jobs...  bezos telling people not to buy tv, cars, etc.  it's gonna be a.  trickle down affect for other big conglomerates to give the boot too..  Nothing before holiday, as smart corporations don't want to take the public ire before "holiday cheer" as  Mr. Twit & Mr. Prime have taken ...  but January cuts are coming.  Means... less descretionary $$$ into market for entertainment... means impact to stadiums.  Not as crippling as 2020 Pandemic shutdown, but another hit in under 2 years to this space... and that's not good for PAT.

but, we'll see... won't we!

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